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Category: Corporate

Corporate sector insights covering business strategies, governance, finance, taxation, and regulatory developments shaping company performance.

Murry

Murree Brewery profit jumps to Rs2.69 billion, declares higher dividend

April 24, 2026April 24, 2026Faisal Shahnawaz

KARACHI, April 24, 2026 – Murree Brewery Company Limited reported a rise in net profit for the first nine months of fiscal year 2025-26, driven by steady demand and improved margins, according to financial results released on Friday.

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Meezan Bank Limited

Meezan Bank profit slightly declines in Q1 2026 as costs rise

April 23, 2026April 23, 2026Faisal Shahnawaz

KARACHI, April 23, 2026 – Meezan Bank Limited, Pakistan’s largest Islamic bank, reported a marginal decline in profit for the first quarter of calendar year 2026, as higher operating expenses weighed on earnings despite growth in total income.

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OGDCL gas

OGDCL boosts gas output as Jand-1 Well production resumes in Punjab

April 23, 2026April 23, 2026Faisal Shahnawaz

KARACHI, April 23, 2026 – Oil and Gas Development Company Limited (OGDCL) has successfully revived gas production from the Jand-1 well in Punjab’s Attock district, significantly increasing output and reinforcing efforts to enhance domestic energy supply.

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SECP Annual Report

SECP approves IPOs of Sitara Petroleum and LSE SPAC-I, boosting PSX activity

April 22, 2026April 22, 2026Faisal Shahnawaz

Islamabad, April 22, 2026 – The Securities and Exchange Commission of Pakistan (SECP) has approved two new Initial Public Offerings (IPOs), signaling continued momentum in Pakistan’s capital markets despite global and regional uncertainties.

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natural gas

SNGPL clarifies disputed tax demand, says no financial impact

April 22, 2026April 22, 2026Faisal Shahnawaz

KARACHI, April 22, 2026 – Sui Northern Gas Pipelines Limited (SNGPL) on Wednesday clarified a disputed tax demand raised by authorities, stating that the matter is historical in nature and has no impact on the company’s current or future financial position.

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Pakistan telecom

PTCL posts 58% revenue jump, returns to profit in quarterly results

April 21, 2026April 21, 2026Hamza Shahnawaz

KARACHI, April 21, 2026 — Pakistan Telecommunication Company Limited reported a sharp 58% rise in quarterly revenue on Tuesday, supported by stronger business activity and improved operational performance, according to financial results submitted to the Pakistan Stock Exchange.

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GWM Tank500

Sazgar warns geopolitical tensions may challenge auto sector growth

April 21, 2026April 21, 2026Faisal Shahnawaz

KARACHI, April 21, 2026 — Sazgar Engineering Works Limited said prolonged regional geopolitical tensions could pose challenges to Pakistan’s auto industry, even as improving macroeconomic indicators support a gradual recovery in demand.

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Haval H6

Sazgar posts highest-ever quarterly profit as sales surge in FY26

April 20, 2026April 20, 2026Faisal Shahnawaz

KARACHI, April 20 — Sazgar Engineering Works Limited reported its highest-ever quarterly profit for the third quarter of fiscal year 2025-26, driven by strong vehicle sales and revenue growth, the company said in a statement.

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BankIslami

BankIslami to issue Rs5 billion Sukuk to strengthen capital base

April 16, 2026April 16, 2026Faisal Shahnawaz

KARACHI, April 16, 2026 — BankIslami Pakistan Limited has approved the issuance of a Shariah-compliant Sukuk worth up to Rs5 billion, aiming to strengthen its regulatory capital and support future growth, the bank said in a filing with the Pakistan Stock Exchange (PSX) on Thursday.

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united bank

UBL posts 38% profit growth in Q1 2026, declares Rs8 dividend

April 15, 2026April 15, 2026Faisal Shahnawaz

KARACHI, April 15, 2026 — United Bank Limited (UBL) on Wednesday reported a strong 38% year-on-year increase in after-tax profit for the first quarter ended March 31, 2026, supported by robust income growth and gains on securities, according to a filing with the Pakistan Stock Exchange (PSX).

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  • KSE-100 Index closes above 170,000 amid FY27 budget optimism
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